8.25 Monday Afternoon: Bearish Surge? A Pullback is a Buying Opportunity!
In the afternoon, the market is quite volatile with both bulls and bears fighting fiercely. The bears currently seem to have strong momentum, but the more they rush to drop, the more it presents us with a good opportunity to buy on dips — every pullback is the bulls quietly gathering strength, so don’t be scared by the short-term downward trend!
The trading strategy is clear, just wait for a pullback to buy low:
BTC: Focus on the support zone of 110400 - 110900. If it stabilizes on a pullback, go in with a small position, aiming for 113200. Follow the rhythm of the rebound after the bulls gather strength, stay calm and don't be greedy;
ETH: 4540 - 4560 is the key support level. If it stabilizes around here, it’s a good entry point for a long position, targeting 4700, as the previous bullish foundation is still there, and a proper pullback is the entry point.
Remember, don’t chase the price up and don’t fear short-term pullbacks. Buy low according to the support levels, set good stop-losses, and wait for the bulls to gain momentum to steadily secure profits.
